Join GRA in supporting the Global Energy Storage and Grids Pledge, led by the COP29 Presidency, to achieve a global target of 1,500 GW in energy storage and 25 million kilometers of grid infrastructure by 2030. This pledge is crucial for integrating renewables, ensuring reliable power transmission, and securing a resilient, modern energy system aligned with the goal of tripling renewables by 2030.
While GRA supports these targets, they are merely a starting point. We encourage governments to raise their ambitions and commit to adopting enabling policy and regulatory reforms that will drive investment and accelerate the development of grid and storage technologies.
The ability to store and dispatch renewable energy when needed is an essential component of the clean energy transition and integral to meeting the 3xRenewables target.
By 2030 we need a six-fold increase in storage, with 1.5 TW required to keep the world on track for net zero. Beyond 2030, the need for storage will continue to accelerate, with a wide diversity of technologies and durations required to decarbonise global electricity systems and energy-intensive industrial processes.
Meeting the 3xRenewables commitment by 2030 and the Paris Agreement goals will require a massive and rapid increase in investments in new and existing electricity grids. This is not just a technical necessity; it is a defining moment for our collective future.
See our recommendations on a global target for Grids, developed with the Green Grids Initiative, Climate Compatible Growth and Lucetia Group.
